Aon plc Class A Sees Unusually Large Options Volume (NYSE:AON)

Aon plc Class A (NYSE:AON) was the target of unusually large options trading activity on Thursday. Stock investors acquired 1,583 put options on the stock. This represents an increase of approximately 1,198% compared to the average daily volume of 122 put options.

Aon plc Class A (AON) opened at $139.96 on Tuesday. The stock has a market cap of $34,463.39, a P/E ratio of 21.09, a PEG ratio of 1.47 and a beta of 1.05. Aon plc Class A has a 1 year low of $114.92 and a 1 year high of $152.78. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.66 and a quick ratio of 2.35.

Aon plc Class A (NYSE:AON) last issued its quarterly earnings results on Friday, February 2nd. The financial services provider reported $2.35 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.34 by $0.01. The firm had revenue of $2.91 billion for the quarter, compared to the consensus estimate of $2.84 billion. Aon plc Class A had a net margin of 12.26% and a return on equity of 32.41%. The company’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.56 EPS. equities research analysts forecast that Aon plc Class A will post 7.98 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Investors of record on Thursday, February 1st will be given a dividend of $0.36 per share. The ex-dividend date of this dividend is Wednesday, January 31st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.03%. Aon plc Class A’s payout ratio is presently 30.84%.

Several equities analysts have commented on AON shares. Zacks Investment Research raised shares of Aon plc Class A from a “hold” rating to a “buy” rating and set a $171.00 target price on the stock in a report on Wednesday, October 25th. Barclays lifted their price target on shares of Aon plc Class A from $135.00 to $140.00 and gave the company an “equal weight” rating in a report on Monday, October 16th. Wells Fargo & Co lifted their price target on shares of Aon plc Class A from $138.00 to $143.00 and gave the company a “market perform” rating in a report on Monday, October 30th. William Blair lowered shares of Aon plc Class A from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 16th. Finally, Jefferies Group lifted their price target on shares of Aon plc Class A from $162.00 to $170.00 and gave the company a “buy” rating in a report on Monday, October 30th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $144.92.

In other Aon plc Class A news, SVP Laurel G. Meissner sold 4,000 shares of Aon plc Class A stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $141.20, for a total value of $564,800.00. Following the completion of the sale, the senior vice president now owns 12,314 shares in the company, valued at approximately $1,738,736.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO John Zern sold 17,680 shares of Aon plc Class A stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $139.79, for a total transaction of $2,471,487.20. Following the completion of the sale, the chief executive officer now owns 27,695 shares of the company’s stock, valued at approximately $3,871,484.05. The disclosure for this sale can be found here. Insiders sold a total of 38,704 shares of company stock valued at $5,489,605 in the last quarter. Corporate insiders own 0.90% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in AON. Janus Henderson Group PLC lifted its position in shares of Aon plc Class A by 1,108.1% during the 2nd quarter. Janus Henderson Group PLC now owns 3,180,268 shares of the financial services provider’s stock valued at $422,814,000 after acquiring an additional 2,917,018 shares during the period. SPF Beheer BV acquired a new position in shares of Aon plc Class A during the 3rd quarter valued at $84,347,000. APG Asset Management N.V. lifted its position in shares of Aon plc Class A by 139.9% during the 3rd quarter. APG Asset Management N.V. now owns 953,932 shares of the financial services provider’s stock valued at $139,369,000 after acquiring an additional 556,300 shares during the period. Findlay Park Partners LLP acquired a new position in shares of Aon plc Class A during the 3rd quarter valued at $68,840,000. Finally, Asset Management One Co. Ltd. lifted its position in shares of Aon plc Class A by 5,820.8% during the 3rd quarter. Asset Management One Co. Ltd. now owns 389,710 shares of the financial services provider’s stock valued at $56,936,000 after acquiring an additional 383,128 shares during the period. Institutional investors own 87.52% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Aon plc Class A Sees Unusually Large Options Volume (NYSE:AON)” was first published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this piece on another website, it was illegally copied and reposted in violation of US and international trademark and copyright laws. The original version of this piece can be read at https://www.dispatchtribunal.com/2018/02/13/aon-plc-class-a-sees-unusually-high-options-volume-aon.html.

Aon plc Class A Company Profile

Aon plc (Aon) is a global provider of risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing, delivering distinctive client value via risk management and workforce productivity solutions. The Company operates in two segments: Risk Solutions and Human Resource (HR) Solutions.

Receive News & Ratings for Aon plc Class A Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aon plc Class A and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply